1. Hypothesis testing is a quite common technique used by researchers.;What are the steps to conduct a hypothesis test?;How does a researcher determine which statistical test to conduct? How does a researcher determine which level of significance to use?;What software programs can be used to compute these tests? Where is the critical test value found?;How can one determine if the null hypothesis should be rejected?;Justify your answers using examples and reasoning.;2. What is paired data?;Provide an example of a paired comparison in the business world.;How is the paired t test calculated?;How is the paired difference test calculated with Microsoft Excel?;Justify your answers using examples and reasoning.
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